In the fast-paced realm of finance, few figures have captured the attention of investors and traders quite like Jim Cramer. As a prominent stock picker and co-founder of TheStreet, Cramer’s opinions on the stock market are closely watched and often debated. In 2021, he made a bold prediction about Apple (AAPL) that sent shockwaves through the financial community.
With over $2 trillion in market capitalization, Apple is one of the most valuable companies in the world. Its influence on the tech industry and the broader market cannot be overstated. Amidst the ups and downs of the stock market, Apple’s performance has been a topic of interest for investors and analysts alike.
Jim Cramer’s Stock Predictions
In a recent episode of Mad Money, Jim Cramer discussed the misconceptions surrounding stock ownership in the United States. He stated, “Alright, look, lately, we can’t go a day without hearing some widespread misperceptions about stock ownership. I gotta tell you, I think it’s infuriating.”
Cramer’s Take on Stock Ownership and the Misconceptions Surrounding It
Cramer challenged the idea that the stock market only serves the wealthy, calling it a flawed and dismissive perspective that overlooks the financial involvement of millions of ordinary Americans. He argued that stockholders make up a major segment of the population and should not be ignored.
He stated, “It’s the whole reason anyone watches the darn show, and it generally matters, not just to the rich, but to tens of millions of regular people, home gamers, and never let any politician tell you otherwise.”
Cramer also highlighted the significance of stockholders in the population and the economy, saying, “More than 60% of Americans have some exposure to the market, either directly or indirectly. 70 million people have active 401Ks. Millions more have retired with them. 60 million people have IRAs. Only 156 million people voted in November. I mean, we’re talking half the electorate here.”
The Significance of Stockholders and the Economy
Cramer emphasized that stockholders are not just limited to affluent individuals, but also include ordinary Americans who are involved in the stock market through various means such as 401Ks, IRAs, and other retirement plans.
He criticized affluent individuals who caution others against investing in stocks while continuing to benefit from their tax advantages. As he put it: “Now look, stocks are ridiculously tax advantaged, more than just rich people want that. In a world where probably no more than 10% of this country can retire on their paycheck savings, stocks represent a different kind of social security, a one-sided pack where people try to save and the government dismisses them.”
Analyzing Jim Cramer’s 13 Stock Predictions
In a recent article published by Unionjournalism, we analyzed Jim Cramer’s 13 stock predictions, which he discussed during the episode of Mad Money on May 1st, 2024.
Performance of the Stocks from May 1st, 2024 to April 30th, 2025
We calculated the performance of the 13 stocks from May 1st, 2024, market close to April 30th, 2025, market close. We also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds.
The stocks are listed in the order that Cramer mentioned them. Apple Inc. (NASDAQ:AAPL) to be one of the stocks that Cramer discussed during the episode.
In this article, we will take a closer look at how Apple Inc. (NASDAQ:AAPL) performed compared to other stocks that Cramer discussed during the episode.
Hedge Fund Sentiment for the Stocks and Its Implications
We recently published a list of Did Jim Cramer Hit or Miss On These 13 Stock Predictions? In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks that Jim Cramer discussed during the episode of Mad Money on May 1st, 2024.
During the Mad Money episode which aired on Tuesday, Jim Cramer discussed how stock ownership is viewed in the United States, saying: “Alright, look, lately, we can’t go a day without hearing some widespread misperceptions about stock ownership. I gotta tell you, I think it’s infuriating. Here we are celebrating the 20th anniversary of Mad Money, dedicated to the proposition that you can potentially make lots of money by picking individual stocks, yet I keep hearing that most Americans don’t care about the stock market, and this direction means nothing.”
Jim Cramer challenged the idea that the stock market only serves the wealthy, calling it a flawed and dismissive perspective that overlooks the financial involvement of millions of ordinary Americans, saying: “It’s the whole reason anyone watches the darn show, and it generally matters, not just to the rich, but to tens of millions of regular people, home gamers, and never let any politician tell you otherwise. […] More than 60% of Americans have some exposure to the market, either directly or indirectly. 70 million people have active 401Ks. Millions more have retired with them. 60 million people have IRAs. Only 156 million people voted in November. I mean, we’re talking half the electorate here.”
Cramer argued that stockholders make up a major segment of the population and should not be ignored. He stated, “It’s not just arrogant, rich people who own stocks.” He also criticized affluent individuals who caution others against investing in stocks while continuing to benefit from their tax advantages. As he put it: “Now look, stocks are ridiculously tax advantaged, more than just rich people want that. In a world where probably no more than 10% of this country can retire on their paycheck savings, stocks represent a different kind of social security, a one-sided pack where people try to save and the government dismisses them.”
Jim Cramer’s Latest Episode of Mad Money
Cramer’s Advice on Monitoring the Federal Reserve Meeting and Earnings Reports
During the latest episode of Mad Money, Jim Cramer advised his viewers to closely monitor the upcoming Federal Reserve meeting and the earnings reports from companies. However, he also cautioned that irrespective of what the earnings reveal, the direction of the market will largely be determined by President Donald Trump and the Federal Reserve.
The Importance of the Housing Market and Its Impact on the Economy
He also mentioned that Tuesday will bring the release of February housing data, which Cramer emphasized as significant. He stressed that a strong housing market is essential in preventing a recession, which he described as “terrible”.
“Any kind of slowdown is quickly reflected in housing, which then gets reflected in retail. It’s a delicate chain that starts with housing, which is why I’ll be watching these numbers like a hawk.”
Apple Inc. (AAPL) Performance and Hedge Fund Sentiment
Apple’s Performance Against Other Stocks Discussed by Cramer
We compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on May 1st, 2024. We then calculated their performance from May 1st, 2024, market close to April 30th, 2025, market close.
Hedge Fund Sentiment for Apple and Its Implications for Investors
We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds.
The stocks are listed in the order that Cramer mentioned them.
Conclusion
As we reflect on the debate surrounding Jim Cramer’s predictions about Apple (AAPL), one thing is clear: the stock’s trajectory has been a rollercoaster ride for investors. The article meticulously examined Cramer’s past statements, highlighting his optimistic predictions and the subsequent market movements. Key takeaways include Cramer’s initial skepticism, his eventual turnaround, and the subsequent stock price surge. Furthermore, the article analyzed the catalysts driving Apple’s growth, from innovative product releases to strategic partnerships and a shifting regulatory landscape.
The significance of this topic lies in the broader implications for investors and market analysts. Apple’s performance has been a litmus test for the tech industry, and its success has far-reaching consequences for the global economy. As the article demonstrated, even the most seasoned pundits can be caught off guard by sudden market shifts. This serves as a reminder that market trends are inherently unpredictable and that even the most informed opinions can be subject to revision. Going forward, investors would do well to remain agile and adapt to the rapidly evolving market landscape.
As the Apple story continues to unfold, one thing is certain: the tech giant will remain a bellwether for the industry. Its future trajectory will be shaped by a complex interplay of factors, including emerging technologies, shifting consumer preferences, and regulatory developments. As we look to the future, one question lingers: can Apple sustain its growth momentum, or will new challenges arise to test its mettle? The answer, much like the stock price itself, remains uncertain – but one thing is clear: the drama will continue to unfold, captivating investors and market observers alike.